Probably need to go lower before going higher

If we take a look at the VPOC here and see hoe long we accumulated along the 1.01 -1.02 line and the moves up we got in return, e.g, the high on Aug 1 and the two double tops on Aug 4 after 30 hours of accumulation again on that level which was a much lower high than the peak, I think it's safe to say we likely need to dip lower to find more fuel to push. OR everyone feels that this is the hard support and buys in big. I think the former though.